About NIESR - Videos
NIESR - January 2010 GDP release
Press Release - Faster Growth in Three Months to January by Martin Weale
NIESR - Press Conference 2nd February 2010
PowerPoint - Prospects for the World Economy by Dawn Holland
PowerPoint - Prospects for the UK Economy by Simon Kirby
PowerPoint - Policy responses to the crisis by Ray Barrell
New US banking proposals outlined by President Obama
Rev. Prof. E Philip Davis, 25th January 2010
New US banking proposals outlined by President Obama on 21st January are a radical attempt to reduce the incidence of “too big to fail”, as well as reducing the risk on banks’ balance sheets; there could well be benefits from such an approach.
On the other hand, the proposals do not address the principal causes of the Sub-Prime crisis - excessive investment in CDOs by banks’ off balance sheet subsidiaries, inadequate capital and liquidity, and a lack of focus on macroprudential risks.
Furthermore, there may be costs such as lesser liquidity of securities markets if proprietary trading and activity of hedge funds are restricted, as well as weaker corporate governance if private equity is restrained.
And if pure investment banks are be allowed to operate outside the regulation if they renounce banking status, and authorities outside the US and UK fail to adopt similar measures, global benefits of the proposal would be limited and major regulatory arbitrage would ensue.
NIESR - December 2009 GDP release
Press Release - Biggest Contraction Since 1921 by Martin Weale
NIESR - November 2009 GDP release
Press Release - Growth in Three Months to November by Martin Weale
NIESR - October 2009 GDP release
Press Release - Economy Remains Weak by Martin Weale
UK Economy Will Grow in Fourth Quarter: NIESR
CNBC, 21 October 2009
NIESR - September 2009 GDP release
Outlook For Equity Markets
Bloomberg 10 December 2008
RIO to cut 14,000 jobs, halve spending to reduce debt; Congress may vote today on $15 Billion U.S. car maker aid plan; U.K. economy may shrink at fastest rate since 1990, NIESR says; Analysis by Chris Tinker of Icap Apollo
NIESR: British Economy Is Now Contracting
Bloomberg, 10 September 2008
NIESR says British Economy is now contracting; TNK-BP will not hold an IPO Before 2010, says Interfax; Next & Kesa Electricals 1H preview; Texas Instruments surges after maintaining earnings forecasts; Analysts were concerned that sales may fall following
U.K. Economy Contracted
Bloomberg 10 September 2008
Analysis by Martin Weale of NIESR
Insight, Outlook For U.K Economic
Bloomberg 25 July 2008
U.K growth will slow down and stay slow, NIESR says; Analysis by Martin Weale of NIESR
Economic Essentials: BOE Rate Decision Preview; Signs Of UK Recession; Surging Inflation, Slowing Economic Growth
Bloomberg 10 July 2008
Analysis by Russel Jones of RBC Capital Markets; Analysis by Alan Clarke of BNP Paribas; Analysis by Martin Weale of NIESR; Analysis by Roger Bootle of Capital Economics